Genuit Group (LON:PLP) Share Price Passes Below Two Hundred Day Moving Average of $567.00

Genuit Group plc (LON:PLP)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 567 ($7.06) and traded as low as GBX 564 ($7.02). Genuit Group shares last traded at GBX 567 ($7.06), with a volume of 261,641 shares changing hands.

Genuit Group Trading Up 49,076.1 %

The company has a quick ratio of 0.89, a current ratio of 1.33 and a debt-to-equity ratio of 14.33. The firm has a market cap of £1.40 billion and a price-to-earnings ratio of 67.50. The business’s fifty day moving average is GBX 567 and its two-hundred day moving average is GBX 567.

About Genuit Group

Polypipe Group plc manufactures and sells plastic piping, and water and climate management systems in the United Kingdom, other European countries, and internationally. The company operates through two segments, Residential Systems, and Commercial and Infrastructure Systems. It offers above and below ground drainage, and rainwater drainage systems; plumbing tools and accessories, plastic plumbing fittings, and plumbing and heating pipes; underfloor heating products; and ventilation systems.